Meeting Details
- Date: Tuesday, 25th August, 2026
- Time: 12:00 Noon (IST)
- Location: Conducted through Video Conferencing/OAVM platform provided by National Securities Depository Limited (NSDL)
- Type of Meeting: 37th Annual General Meeting
Attendees
Directors Present:
- Mr. Anil Kumar Jain, Executive Chairman
- Mr. Mohit Jain, Executive Vice-Chairman
- Mr. Kamal Mitra, Whole-time Director
- Mr. Siddharth Mehta, Lead Independent Director & Chairman of Nomination & Remuneration Committee
- Mr. L. Viswanathan, Independent Director & Chairman of Audit Committee
- Dr. Sanjay Kumar Panda, Independent Director & Chairman of ESG & CSR Committee and Stakeholders Relationship Committee
- Mr. Akash Kagliwal, Independent Director
- Mrs. Ambika Sharma, Independent Director
Other Attendees:
- Mr. K Muralidharan, Group Chief Financial Officer
- Mr. Manish Bhatia, Chief Financial Officer
- Representative of Statutory Auditor: M/s. Price Waterhouse Chartered Accountants LLP
- Secretarial Auditors and Scrutinizer: M/s. Vikas R. Chomal & Associates, Practicing Company Secretaries
Proposed Resolutions and Implications
The AGM sought shareholder approval for six resolutions:
Item 1: Ordinary Resolution to receive, consider and adopt:
- a. Audited Standalone Financial Statements for FY ended 31st March, 2026 with Reports of Board of Directors and Auditors
- b. Audited Consolidated Financial Statements for FY ended 31st March, 2026 with Report of Auditors
Item 2: Ordinary Resolution to declare Final Dividend of ₹1.50 per Equity Share of face value ₹2 each for Financial Year 2025-26
Item 3: Ordinary Resolution to appoint Mr. Mohit Jain (DIN: 01473966) as Director who retires by rotation and offers himself for re-appointment
Item 4: Special Resolution to re-appoint Mrs. Ambika Sharma (DIN: 08201798) as Non-Executive Independent Director for a second term of 5 consecutive years effective from 27th May, 2026
Item 5: Special Resolution to approve waiver of recovery of excess managerial remuneration paid/payable to Mr. Anil Kumar Jain, Executive Chairman for FY 2025-26
Item 6: Special Resolution to approve waiver of recovery of excess managerial remuneration paid/payable to Mr. Mohit Jain, Executive Vice-Chairman for FY 2025-26
Voting Process and Methods
- Remote E-voting Period: Saturday, 22nd August, 2026 at 9:00 a.m. to Monday, 24th August, 2026 at 5:00 p.m.
- E-voting Provider: National Securities Depository Limited (NSDL)
- In-meeting Voting: Shareholders present at AGM who had not cast vote electronically were provided opportunity to vote through e-voting during meeting
- Scrutinizer Appointment: Mr. Vikas R. Chomal, Proprietor of M/s. Vikas R. Chomal & Associates, Practicing Company Secretaries, appointed to scrutinize e-voting process in fair and transparent manner
Key Meeting Proceedings
- The Company Secretary, Mr. Satnam Saini, welcomed attendees and confirmed the meeting was conducted in accordance with MCA circulars
- Quorum was confirmed as present
- Notice of AGM dated 30th May, 2026 was taken as read
- No qualifications, reservations, adverse remarks or disclaimer in Auditors' Report and Secretarial Audit Report for year ended 31st March, 2026
- Executive Chairman delivered speech briefing performance highlights for FY 2025-26
- Executive Vice-Chairman made presentation on company operations, achievements, CSR and ESG
- Registered speaker shareholders asked questions about operations and businesses, responded to by Mr. K. Muralidharan, Group CFO
- E-voting facility remained open for 15 minutes during meeting
- Meeting concluded at 1:07 p.m. (IST)
Results Publication and Compliance
- Combined e-voting results along with scrutinizer's report to be uploaded on company website (www.indocount.com), NSDL website, and stock exchange websites (BSE and NSE) within 2 working days from conclusion of AGM
- The company confirmed compliance with applicable laws and regulations including Companies Act and SEBI LODR